Hougang Centralby Ken Tan · The Property Guy

Upcoming integrated development · Hougang

Hougang Central

Homes, a planned new mall and a new bus interchange on one site, linked to Hougang MRT.

Not yet announcedOfficial name, prices and floor plans not yet releasedChecked 9 Oct 2026

  • HomesAbout 830 · 99-year lease
  • Town plaza and civic hubPublic event space
  • MallAbout 300,000 sq ft lettable retail
  • Bus interchangeNew, integrated
  • Hougang MRTNorth East Line · Cross Island Line planned
Confirmed

One site, four uses.

The developers' announcement lists homes, a mall, a town plaza with a civic hub, and a direct connection to the new bus interchange and Hougang MRT.

How these parts sit on the site has not been published. This diagram shows what is included, not the layout.

Indicative diagram, not to scale. Not developer material. Official renders will replace it once released and cleared for use.

How to read this page:ConfirmedReportedEstimateNot yet announced
What these labels mean
Confirmed
From the developer, a government agency or an official announcement.
Reported
From a credible named publication. Linked in Sources.
Estimate
A market or working estimate. Not a developer price or a promise.
Not yet announced
Not published yet. Shown so you know it is missing, not overlooked.

Key facts

What's confirmed today.

Developer (homes)Confirmed

CapitaLand Development & UOL

50:50 joint venture. CICT will own the mall.

About 830

Final count comes with the launch

TenureConfirmed

99 years

Leasehold, government land sale

Land priceConfirmed

$1,179 psf ppr

About $1.5 billion in total

Site areaConfirmed

504,820 sq ft

Plot ratio 2.5

About 300,000 sq ft

Net lettable area; planned as Hougang's largest mall

Mall completion targetConfirmed

2030 – 2031

No date given yet for the homes

Official nameNot yet announced

Not announced

“Hougang Central” is a working title

Launch dateNot yet announced

Not announced

Ask for an update when it is

Why it matters

What's unusual about this site.

Three things set it apart in Hougang. Each one cuts both ways.

01

The town's hub, built in one go.

Mall, bus interchange and MRT on one site. Doing daily errands without leaving the development is the main reason people pay more for integrated projects.

Confirmed

02

A second MRT line is planned.

Hougang station is planned to become an interchange with the Cross Island Line, whose first phase is targeted for 2030.

Reported

03

The first government land sale in Hougang since 2019.

Very little new private supply nearby means fewer like-for-like comparisons, for better and for worse.

Reported

Location

At the centre of the town.

What is confirmed about transport and the site itself.

Getting around

Hougang MRT · North East LineDirect connectionConfirmed
Cross Island LinePlanned, first phase targeted for 2030Reported
Hougang bus interchangeNew, integrated with the siteConfirmed

On the site

MallAbout 300,000 sq ft net lettableConfirmed
Town plaza and civic hubPublic event spaceConfirmed
AddressHougang Avenue 10Confirmed

Schools and walking distances will be added once they can be measured from the official site plan.

Integrated vs conventional

What an integrated development changes.

Neither is better by default. You pay for convenience and give up some quiet.

What an integrated development changes.
For buyersIntegrated developmentConventional condo
Daily convenienceMall, transport and services downstairsDepends on the distance to amenities
PriceUsually a premium for the convenienceUsually lower for a similar location
Crowds and noisePublic footfall around the site all dayMostly residents only
Running costsCheck the maintenance estimate at launchCheck the maintenance estimate at launch
Resale buyersA wide pool who value convenienceVaries with location and project

Pricing

No prices yet. Here's how to think about them.

Until the developers publish a price list, every figure below is a reference point, not a price.

Not yet announcedDeveloper price listNot released

Prices by unit type will appear here once the developer publishes them, with the date they were checked.

Tell me when prices are out

Land price paid by the developers$1,179 psf pprConfirmedCapitaLand, 14 Jan 2026
Reported market viewAbove $2,500 psfReportedStacked Homes, 29 May 2026
Ken's indicative working range$2,600 – 2,700 psfEstimateIndicative only. Not official developer pricing.

Land price per square foot per plot ratio (psf ppr) is what the developers paid per square foot of floor area they may build. Selling prices also cover construction, financing and profit, so they sit well above it.

When prices are out, work out the costs at your price on Groundwork: BSD and ABSD · Progressive payments · Mortgage repayment

Compare

How it may compare with nearby condos.

Recent prices nearby, beside the early estimates. The gap is not a verdict: it reflects a brand-new 99-year lease, the MRT and mall at the door, and today's land and building costs.

Median price per square foot, Oct 2025 to Sep 2026
Hougang CentralKen's indicative working range · not official developer pricing$2,600–2,700
Sengkang Grand ResidencesIntegrated, Buangkok · lease from 2018 · 40 sub-sales$2,067
The Florence ResidencesHougang Ave 2 · lease from 2018 · 97 resales$1,903
Riverfront ResidencesHougang Ave 7 · lease from 2018 · 110 resales$1,745
The MintonHougang St 11 · lease from 2007 · 39 resales$1,578
Kingsford WaterbayUpper Serangoon View · lease from 2014 · 64 resales$1,458
Median psf from resales (or sub-sales), last 12 monthsIndicative estimate, not official developer pricing

Data source: URA private residential transaction data (PMI_Resi_Transaction). Analysis and derived statistics by Groundwork. Contains information made available under the Singapore Open Data Licence v1.0. Not endorsed by URA. Figures as at 5 Oct 2026.

Compare at the same total budget, not only psf: a smaller new home and a larger resale home can cost the same.

Estimates are not developer prices. They will be replaced by the price list when it is published.

Compare developments in detail on Groundwork Research ›

The case

What works. What to weigh.

StrengthsWhy buyers are looking

  • Everything at the doorstep.MRT, bus interchange and a planned new mall on the same site.
  • A future interchange station.The Cross Island Line is planned to meet the North East Line at Hougang.
  • Little new supply nearby.The first government land sale in Hougang since 2019.
  • Two established developers.CapitaLand Development and UOL share the residential joint venture.

ConsiderationsBefore you commit

  • A clear premium over resale.Early estimates sit roughly 30–55% above recent prices at the nearest 2018-lease condos. Compare at the same total budget, not just psf.
  • A busy address.Mall and interchange footfall means more activity around the homes than in a purely residential condo.
  • A long build.The mall is targeted for 2030–2031 and no completion date has been given for the homes yet. Expect works at the town centre for several years.
  • The details that decide value are unknown.Unit mix, stack facing and maintenance fees will matter, and none are published yet.

Who it may suit

A good fit for some buyers. Not all.

Likely fit

Hougang upgraders who want to stay

HDB owners who know the town and want to move up without moving away from family and schools.

Likely fit

Households who rely on public transport

Daily MRT and bus users who want that to stay easy as the network grows.

Think carefully

Buyers after quiet or the lowest psf

Nearby resale condos may offer more space for the money, without the footfall of a town hub.

Ken Tan

Ken's assessment

Ken's assessment comes after the launch details are out.

Ken publishes his own view once he has reviewed the official prices, floor plans and site plan. Until then this page keeps to facts and clearly labelled estimates. If you are weighing Hougang Central against another option now, ask him directly.

Before you decide

What to wait for.

These details decide whether a particular unit is good value. None are published yet.

  • Price list by unit typeThe only reliable basis for comparing value
  • Floor plans and unit mixLayout efficiency matters more than size alone
  • Site plan and stack facingWhich stacks face the mall, roads or open views
  • Maintenance fee estimateShared facilities in integrated projects can affect it
  • Completion date for the homesAffects your move-in, rental and payment timing
  • Official name and preview datesWhen you can visit the showflat

Launch updates

Where things stand.

  1. Jan 2026
    Site awardedCICT, CapitaLand Development and UOL win the tender at $1,179 psf ppr.
  2. To be announced
    Name, preview and pricesNot announced yet. This page is updated when they are.
  3. 2030
    Cross Island Line, first phaseTargeted opening, including the planned Hougang interchange.
  4. 2030 – 2031
    Mall targeted for completionThe commercial part, per the developers. No date has been given yet for the homes.

Sources

Where the information comes from.

Facts on this page were checked on 9 Oct 2026. Tap any evidence label on the page to jump to its source.